Pre-financing: Is there any preparatory work and investment expected from Fund Operator in advance (office facility, IT infrastructure etc.)?
Cost related to preparation of the programme between selection of the Fund Operator and signature of the Programme Implementation Agreement are eligible under the management fee heading. Payments will be made after the signing of the Programme Implementation Agreement.
This includes costs related to drafting the Bid form, participation at the info sessions and stakeholder consultation, preparation of the Programme Implementation Agreement.
You may also during this time start preparing the relevant information system if one does not already exist, etc.